As banks refuse to lend money to small and medium size businesses, technology is filling in with huge implications on the traditional banking services.
Kevin Slavin: Market Trading Systems Need To Be Rebuilt For Humans
The problem Kevin Slavin described here is very real. Humans are indeed getting clueless on how these bot driven markets are doing.
His suggestions, interestingly, is exactly what I am trying to accomplish with the development of the Real-Time Trading Assistant, a tool I have created to deliver meanings and context about the markets in a way human can understand.
I think I am on the right path in combining human intelligence and data driven inference information into something easier to use for human traders in real-time. As a minimum, it is much more practical than using tons of trading indicators. Too much information, or information overload, is often the main reason why traders are having a hard time in making the right trading decisions.
John Coates: Banks must acknowledge the physiology of risk-taking
Interesting talk of correlation between traders’ physiology and their risk-taking behaviours.
